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S&P: UAE Non-oil Private Sector Remains in Expansion Zone in October

MT Newswires·11/03/2026 23:42:36
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11:42 PM EST, 11/03/2026 (MT Newswires) -- The United Arab Emirates' non-oil private sector continued to grow in October as expansions in output, new orders, and stocks of purchases offset lower employment, supply-chain weakness, and a record jump in output charges. The seasonally adjusted S&P Global UAE PMI came in at 54.8, slightly below September's 55.3, S&P Global said Wednesday. Despite the slight decline, the reading still signaled a robust expansion in overall business performance.